Comments on: Weathering the Storm, Gold Continues to be an Asset Class of Choice http://jutiagroup.com/2008/09/29/weathering-the-storm-gold-continues-to-be-an-asset-class-of-choice/ Market Jitters & Political Critters Sun, 22 Nov 2009 02:27:02 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: HalP http://jutiagroup.com/2008/09/29/weathering-the-storm-gold-continues-to-be-an-asset-class-of-choice/comment-page-1/#comment-8665 HalP Tue, 30 Sep 2008 15:29:28 +0000 http://jutiagroup.com/2008/09/29/weathering-the-storm-gold-continues-to-be-an-asset-class-of-choice/#comment-8665 I should say that I do agree with Joe. I do think the precious metals continue to be a worthy asset. I just find the whole thing mind boggling. I should say that I do agree with Joe. I do think the precious metals continue to be a worthy asset. I just find the whole thing mind boggling.

]]> By: HalP http://jutiagroup.com/2008/09/29/weathering-the-storm-gold-continues-to-be-an-asset-class-of-choice/comment-page-1/#comment-8664 HalP Tue, 30 Sep 2008 15:27:34 +0000 http://jutiagroup.com/2008/09/29/weathering-the-storm-gold-continues-to-be-an-asset-class-of-choice/#comment-8664 I really think you're right. I think this bailout will lead to more inflation. What gets me though is that silver is actually down when I look at the <a href="http://www.learcapital.com/exactprice" title="ExactPrice" rel="nofollow">ExactPrice</a> chart over the last year. Why is that? With all that the markets have been doing I'm very surprised that it's not higher. Surprised too that gold isn't in the $1,000 range. Instead, the day after the DOW dropped 777 points gold is falling. It's weird. I would expect the opposite. But the dollar appears strong today. I really think you’re right. I think this bailout will lead to more inflation.

What gets me though is that silver is actually down when I look at the ExactPrice chart over the last year. Why is that? With all that the markets have been doing I’m very surprised that it’s not higher. Surprised too that gold isn’t in the $1,000 range. Instead, the day after the DOW dropped 777 points gold is falling. It’s weird. I would expect the opposite. But the dollar appears strong today.

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